Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
Bought another condo and rent it with $1300/month. Condo fee
/ P  ?  x0 S( n  pand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
Also bought a new luxury apartment in China last month with $150,000.
) P( \6 y! S0 [7 o( x9 uThat unit worths $160,000 this month.
Don't talk too much, just do it.

nca

前者对,后者风险大些.

Player99

longlife

原帖由 nca 于 2007-11-30 00:46 发表
前者对,后者风险大些.

+ U# m% D8 {4 C) A! [
( Y  {$ G1 E. R5 N! C为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
) W0 X8 a, K- E, }8 _! d1 RI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
; H( u. |. s7 A& z% JWell, it is still the highest ever for my currency exchange history.